Iran plans to introduce a new model of contracts for its energy projects. The Iran Petroleum Contract (IPC) will be a modification of the traditional buy-back risk service deals and has been specifically designed to raise the attractiveness of Iranian oil projectsIran is preparing to make new oil...

Oil producers such as BP and Royal Dutch Shell have expressed interest in developing Iran’s reserves, the world’s fourth-biggest, when sanctions are removedIran has selected 45 oil and gas projects to show international companies at a conference in London in December when new oil contract models...

The signing of the JCPOA may usher in a new era of major international investment in the Iranian oil and gas industry. While the terms of the IPC are not yet completed, initial reports indicate that the IPC is likely to be substantially more beneficial to IOCsThe signing of the Joint Comprehensive...

Iran is already in contact with former oil buyers in the European Union – traders such as Vitol Group and big oil producers such as Royal Dutch Shell, Total and Eni – and existing importers in Asia to help absorb the potential new shipmentsIran wants to double its crude-oil exports soon after...

Iran could in the future join the Trans Anatolian Natural Gas Pipeline (Tanap) project. Experts believe that Azerbaijan can play a significant role in the export of Iranian energy resources to European markets during the post-sanctions periodTehran and Baku have recently intensified bilateral...

Crescent won the arbitration last July and it has now entered the damages phase, which could result in an award of billions of dollars based on previous arbitration awards. The outcome is being watched closely by international oil companiesThe ups and downs of Iran’s disputed gas deal with Sharjah’s...

Ignoring Iran’s annual gas consumption growth, the country needs more than 20 bcm/a of gas delivery to power plants to stop liquid fuel consumption in this sectorWhen one talks about the importance of Iran in global energy security, its oil export is featured most often, but the volume and value of...

Iran badly needs to complete modernisation plans that ground to a halt after sanctions hit the country five years ago over its nuclear programme. The projects are worth at least $100 billion, according to sources close to firms that have held talksInternational oil services companies are scrambling...

On top of Russia, countries from Nigeria and Angola to Colombia and Iraq would face extra competition in Europe and Asia from the splurge of Iran oilIn Iran’s push for a nuclear deal, it’s had few better allies than Moscow. But if an agreement is reached this week, President Vladimir Putin’s regime...

The Indian payments are likely to be conducted using a mechanism based on a series of back-to-back transactions in different currencies that are initially channelled through the Reserve Bank of India, according to sources Indian refiners have got the green light to prepare to pay Iran $1.4...

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